Portugal gives Polymarket 48 hours to exit after election betting surge
Portugal’s gambling regulator has ordered Polymarket to cease operations after the platform recorded more than €100m ($116m) in bets tied to the country’s presidential election.
Portugal’s gambling regulator has ordered Polymarket to cease operations after the platform recorded more than €100m ($116m) in bets tied to the country’s presidential election.
Since December 2025, more than 217,000 users have requested self-exclusion from online betting sites according to Brazil’s Finance Ministry.
Interim leadership announced as permanent Chair recruitment begins.
The operator received approximately $25m of net proceeds from offering shares of High Roller common stock, prior to deducting fees for the placement agent and offering expenses.
A judicial case in Argentina has put doping control procedures at the Hipódromo de La Plata under scrutiny, as a licensed trainer alleges manipulated tests and retaliatory sanctions.
The Philippine Amusement and Gaming Corporation outlined its latest regulatory reforms at ICE Barcelona 2026, emphasizing enforcement measures aimed at combating illegal gambling.
Betting on both sports have been prohibited since 1984, making this a significant development in the markets.
A civil court in southern Brazil ruled that an operator failed to apply responsible gambling safeguards.
Brazil’s Finance Minister said he is happy to be remembered for taxing operators as the Government faces criticism over its fiscal agenda.
Lula criticized the lack of oversight that allowed online betting to expand in Brazil, while backing stricter regulation of the sector.